Greece

: TaxVox

Highway Drama Drives Contingency Planning

Still on the Hill: Extenders and highway funding drama. Today, the Senate Finance Committee is expected to mark-up its proposed restoration of expired tax breaks , and the full Senate plans to hold a procedural vote on highway funding legislation. Congress faces increasing pressure to move quickly

July 21, 2015Renu Zaretsky

: TaxVox

Plans, Expectations, and Avoidance

An outline of a safe plan: No sharp edges. Democratic presidential candidate Hillary Clinton shared her tax agenda yesterday, but as Howard Gleckman notes, most of her proposals are familiar , including a Buffett tax on very-high income households and small business tax relief. She did not endorse

July 14, 2015Renu Zaretsky

: Daily Deduction

“Take me home, country road… To a fund (and a country), that’s not broke.”

Greece: "Ne" to new sales taxes and (maybe) tax reform. The beleaguered Greek government has offered a new reform plan in return for $55 billion in European Union bailout money—and it reportedly includes new sales taxes, new levies on cafes and restaurants (read: tourists) and possible tax reform,

July 10, 2015Renu Zaretsky

: TaxVox

If Wishes Were Taxes, Reformers Would Smile

Everything could come up roses for Rubio and Lee. At least one version of dynamic scoring—accounting for macroeconomic effects of a proposal—has produced some rather glowing estimates of senators Marco Rubio’s and Mike Lee’s tax plan. The Tax Foundation says the Rubio-Lee plan would increase tax

March 9, 2015Renu Zaretsky

: TaxVox

Disbelief, Devolution, and Death Benefits

Deja vu all over again, and then some. IRS Commissioner John Koskinen , who began his tenure at IRS in December, testified last night before the House Oversight and Government Reform Committee for about four hours on the loss of former Treasury official Lois Lerner’s emails and the crash of her

June 24, 2014Renu Zaretsky